


Technical Sentiment Analysis for ProShares UltraPro Short QQQ (SQQQ). As of 2026-05-18, ProShares UltraPro Short QQQ (SQQQ) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SQQQ stands at 29.74, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -5.95, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 13.26 and the Commodity Channel Index (CCI) at -72.51 further confirm a -6.97 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SQQQ is trading below its 60-day moving average of $64.35 and below its 200-day long-term moving average of $71.45. Key price levels to watch include the immediate resistance at $48.61 and strong support at $39.8. A break above $48.61 could signal a bull continuation, while falling below $39.8 may test the next Fibonacci floor at $35.83.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 30.99 | 35.83 | 39.8 | 44.64 | 48.61 | 53.45 | 57.42 |
| Fibonacci | 35.83 | 39.2 | 41.28 | 44.64 | 48.01 | 50.09 | 53.45 |
2026-05-18
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.74 |
| Stochastic Oscillator | 13.26 |
| Stochastic RSI | 8.44 |
| Commodity Channel Index (CCI) | -72.51 |
| Awesome Oscillator | -14.25 |
| Momentum | -6.97 |
| MACD | -5.95 |
2026-05-18
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 42.58 | Buy |
| 10-Day | 43.76 | Sell |
| 20-Day | 48.5 | Sell |
| 60-Day | 64.35 | Sell |
| 200-Day | 71.45 | Sell |
| 250-Day | 78.06 | Sell |